Loan TypesWhan applying for a budgeting loan you will need to make sure that you apply for specific items, you will not be awarded a Loan if you apply for a sum of money withot giving details of what you intend to spend the money on.

There is a list of items or reasons that are exeptable want applying for a budgeting Lon and they can be found detailed below. The more information that you give in your application the better as it allows the person assessing you application to understand your need.

What you can apply for

Budgeting Loans can pay for:

  • rent
  • furniture or household equipment
  • clothing or footwear
  • removal expenses when you move home
  • travelling expenses
  • things to help you look for or start work
  • improving, maintaining or securing your home
  • maternity or funeral expenses
  • repaying hire purchase or other debts you took out to pay for any of the above

You won?t need to list individual items or services that you need or explain why you need them. But you will need to say how much money you want to borrow.

If you need money for any other reason than the general categories above, we will not be able to pay you a Budgeting Loan.

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